1505 Broadway Ave. S, Red Lodge, MT 59068 Homes for Sale

For Sale

$215,000

• 2 beds
• 1 baths
• 900 Sq Ft

1505 Broadway Ave. S,
Red Lodge, MT, 59068

Latitude 45.172398 - Longitude -109.254494

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Overview

Listing Status Active

MLS 345728

Property Type

Condominium

Year built

1970

Total rooms

2

Lot size

0 Acres

Time on NeighborWho

-

Stories

-

Price per Sq Ft

$239

Parking

0e0 car garage

Basement

-

About 1505 Broadway Ave. S, Red Lodge, MT

Interesting property -- looks like a motel, is rented by on-site managers like a motel, but each unit is privately owned. This is one of the two bedroom, one bath units, a full kitchen and dining area, decent sized living room with a fireplace, two bedrooms and a full bath upstairs. FULLY FURNISHED! At the end of the year each owner gets a profit... and loss statement detailing income from rentals, expenses for the rentals, expenses for their percentage of the overall complex, and a "special assessment" (which is used for large leasehold improvements). Most years theses unit owners get a check but there have been years (flood, fire, etc) but no guarantee. All utilities paid by Chateau Rouge -- owners only need insurance from the block walls in and pay their yearly taxes -- no monthly expenses. Read more

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